ICYMI fintech funding round-up: Communion, CityPay & more
Weekly funding round-up featuring notable fintech funding announcements.
FactsCommunion, a new savings app founded by Daniel Hegarty, raised £2.5 million in pre-seed funding.
Investors...
Peoples Bank taps Corserv to launch credit card programme
Ohio-based Peoples Bank has teamed up with Corserv to introduce a comprehensive credit card program, offering 14 different credit card products to business and...
Adyen shares tank following underwhelming H1 2023 results
Shares in Adyen have plummeted to a three-year low due to disappointing H1 2023 earnings, attributed to slower growth, increased competition, and hiring challenges.
Facts...
SEC brings the hatchet down on Wall Street’s bad recordkeeping with $289m in fines
The US Securities and Exchange Commission (SEC) has fined 11 Wall Street firms a total of $289 million for widespread "off-channel" communications using personal...
Paytech Matera acquires Brazilian AI firm Cinnecta for undisclosed sum
Matera, a US, and Brazil-based Playtech, has acquired Cinnecta, a Brazilian AI firm, to bring artificial intelligence to instant payments.
FactsMatera, headquartered in Belo...
DLocal appoints Pedro Arnt as co-CEO while rumours of the firm’s potential sale continue
DLocal, a payments firm in emerging markets, names Pedro Arnt as co-CEO amid rumors of a possible sale.
FactsDLocal appoints Pedro Arnt as co-CEO...

